Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of ITMAX is pleased to announce that ITMAX had on 25 March 2025 received and accepted the Letter of Acceptance dated 21 March 2025 (“LOA”) awarded by Majlis Perbandaran Pengerang (hereinafter referred to as “MPP”) for the provision of installation services for a closed-circuit camera system with Artificial Intelligence features and the setting up of a Smart Integrated Operations Centre in MPP area for a contract period of 180 months commencing 25 March 2025 to 24 March 2040, for a contract sum of RM30,244,390.00 only.

Please refer to the attachment for the details of the LOA.

This announcement is dated 26 March 2025.